✴️ AirDao V Bottom + Higher Low (Easy 190% Growth Potential)

20 de dez. de 2023

For AirDao (AMBUSDT) it is still early, based on the chart signals. Not early as in bottom prices, because the bottom hit in August when the "V bottom" showed up, but early for the move that is about to start based on the fact that the chart is still neutral, trading sideways.

The same range that was activated in May continues active today.
Only briefly AMBUSDT moved below this level, marked yellow on the chart, in August and has been above it for months.

The RSI is not bullish but neither bearish.
A 45 reading while trending up is more positive than negative.

Price action is happening below EMA10 but with the "support range" confirmed, it is likely to move up soon.

So, early... This has its advantages and disadvantages.

Finding a chart setup early can translate into better entry but also a longer waiting period.

It can translate into higher risk because there is no bullish confirmation yet but can also translate into higher potential for gains.

The risk doesn't necessarily needs to be higher if you use a tight stop-loss... Early, but still a high probability chart setup.

My spider-sense is telling me that AMBUSDT is getting ready to grow.

Namaste.